ilmscore | These Large caps Are Bleeding | What Should You Do? | CA Rachana Ranade

Predictions from this Video

Total: 6
Correct: 2
Incorrect: 3
Pending: 1
Prediction
Topic
Status
The level of 112 is identified as a key support level for IRFC, based on past price action including a round and breakout pattern. Investors should monitor if this level is broken.
"So what you have to check whether the stock has broken this level or not 112 if it has broken this level then we always try to check one more level. In such cases as I mentioned this round and breakout you can check such levels to be key levels and typically stocks do honor what has happened in the past."
IRFC
Incorrect
The level of 28777 for TCS was previously a resistance, then acted as a support. It is expected to act as a support level again in the future.
"but almost this level around 287 77. Okay. Earlier it acted as a resistance broke out support. I'm not sure whether it has gone down from here or not. If not, this can act as a support. Earlier it has acted as a support. Whatever has happened in the past can happen in the future as well."
TCS
Incorrect
Key support levels for Mazagon Dock are identified at 2460 (previously a resistance, now a support) and 1938 (previously a support, likely to act as support again).
"this would ideally be earlier a resistance now a support based on that ideally you should watch out for 2460 and earlier a support again now also acts as a support uh so 1 938 you can check this based on what has happened in the past"
MAZDOCK
Correct
For REC, the support levels formed by the candles on February 24th and August 25th need to be monitored to see if they hold or if the price breaks down.
"So, this is a weekly candle for 24th of February. Uh, on a lower side again on a lower side 25th August I've joined this and uh for the higher candle higher anyways is not going to m matter if it has not gone above this but lower candles will definitely matter. So, the one which is on 24th Feb and the one which is on 25th of August. So we'll have to check whether this support is honored or not or has this broken down."
REC
Pending
The Defense Index is approaching crucial support levels. The first support is approximately 2% away, and the second strong support is about 6.5% away.
"So, I have something which has already been uh taken care of here. This was an original high like a U kind of consolidation here. So this sounds like a super line 7,59 otherwise this is one immediate previous swing low. I'm going to just mark it here as well. Uh this is the current one. So defense index is absolutely close to one of its crucial levels support levels. If this is bro broken one more extremely strong support coming up right here. So at a at an index level uh first support is barely 1.5% away and here it'll be like 5 6% away. Oh no no no no this is a close right. So barely 2% away the immediate first support and second support at 6 and a half% away."
NIFTYDEF
Correct
Key support levels for Dixon Technologies are identified at approximately 13,800 and 12,163, the latter being significant after a 36% correction.
"So now you have to check whether this is broken or not. This is the level of 13,000 800 roughly. Has it broken or not? If yes, this is my second key support because it has come after almost a 36% correction which is 12,163."
DIXON
Incorrect